Managers of Wealth Africa

US Funds play catch-up in Africa

Many US investors were concerned about the safety of travelling in Africa, let alone investing in the region. They seem to carry old misconceptions that still permeate the investor community.

South Africa: Business confidence at lowest in more than two decades

Nene sacking and market instability knock confidence.

Beechwood To Acquire Old Mutual Bermuda

Beechwood, one of the largest providers of international investment plans, now has over $2 billion in total assets and is featured on the platforms of over 100 banks and brokerage firms around the world.

MoneyGram Launches Naira Account Deposit Services

This marks an important innovation for the remittance industry in Nigeria.

Pension Funds Release To Spur Innovation In Asset Management

Over the past two months, government’s temporary pension funds account had been opened and monies are being released, he said.

WPIC, Rand Merchant Bank Launch New Bullion Coin Custodial Certificates

Exclusive agreement between World Platinum Investment Council and Rand Merchant Bank will extend the global reach of platinum bullion coin custodial certificates

UAE's Business Mogul to Invest in Nigeria's Infrastructure, Mining, Others

Vice-President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammad Bin Rashid Al Maktoum, has lauded the move.

Tunisia seeks Saudi investments boost

Some Saudi businessmen spoke in the meeting and narrated their experiences in their Tunisian investments in the 1970s and 1980s.

Stanbic IBTC Stockbrokers emerges ‘best dealing member firm’

The Exchange, in collaboration with other stakeholders, pledged to continue nurturing the Nigerian capital market into a world-class hub.

Former Ecobank Kenya Chief Executive sets up Sh50b fund

Former Ecobank Kenya Chief Executive Michael Monari has launched a Sh50 billion fund to lend small businesses.

Zimbabwe to expand use of yuan as China cancels $40 million debt

Zimbabwe abandoned its own dollar in 2009 after hyperinflation

Tunisia to discuss IMF fund arrangement soon

The forthcoming five-year economic and development plan gives the authorities an opportunity to foster internal consensus and set priorities for comprehensive economic reforms.

Malaysia committed to boosting economic ties with Kenya - Mustapa

He said Malaysia and Kenya enjoyed close bilateral ties.

Carlyle Group acquires 18% stake in Nigeria’s Diamond Bank

Uzoma Dozie, CEO and MD of Diamond Bank, was quick to claim the transaction as a vote of confidence in the institution

China sets out its FOCAC focus in Africa

China is already a leader in investing and financing infrastructure in developing countries.

Ethiopia to Boost Business Ties With Jordan

At the event, Tadesse called on Jordanian business delegates to engage in the untapped business of Ethiopian tourism.

Maponya buys into firm planning new bourse for SA

This signals that the group, led by businesswoman Chichi Maponya, is confident about the prospects of 4 Africa Exchange operating a competing exchange to the JSE in SA.

Nigeria is heavily ‘under-banked’ — Jibrin, MD/CEO, Suntrust

You are transforming from a mortgage institution to a commercial bank. How has the journey been?

Zuma Makes U-Turn on Finance Chief, Triggering Rand Rebound

The rand jumped the most since 2008, while bond yields fell for the first time since Nov. 24.

Schroders launches European real estate fund

The firm is looking at a "variety of strategies" for growing in South Africa

Alternative Investments